Bold secures COP 37.45 billion from BBVA Spark to expand lending to small businesses

FinanceColombiaRevista SemanaOct 21, 2026, 10:41 AM35 s readAI summary

Colombian fintech Bold obtained COP 37.45 billion in financing from BBVA Spark to expand its lending capacity to micro, small and medium-sized companies in Colombia. The deal was structured as a bilateral loan, with Cuatrecasas advising Bold and PPU advising BBVA Spark. Bold, which started as a card-reader company, processes about COP 20 trillion a year in card and QR code payments and has onboarded more than 700,000 merchants in Colombia and Peru over six years.

In 35 seconds

Bold received COP 37.45 billion from BBVA Spark to expand lending to MSMEs in Colombia.
The deal was structured as a bilateral loan, with Cuatrecasas advising Bold and PPU advising BBVA Spark.
Bold processes about COP 20 trillion a year in card and QR code payments.

Read the full story at Revista Semana

IASummary generated by artificial intelligence from a story by Revista Semana. It may contain errors: the original source prevails.

fintech
crédito
mipymes
BBVA Spark
Bold

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Bold secures COP 37.45 billion from BBVA Spark to expand lending to small businesses

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day